Greystone, a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) syndication platform, Greystone Real Estate Capital, has added Michael Boyle as a Senior Vice President, Acquisitions & Institutional Investments. In this role, he will leverage his 20 years of LIHTC experience to support the growth of Greystone Real Estate Capital and help to create a forward-thinking strategy to affordable housing finance. 

Prior to joining Greystone, Mr. Boyle served as Senior Vice President at CREA, LLC for nine years where he was responsible for identifying, structuring, and closing LIHTC investment opportunities nationwide.  Mr. Boyle was part of a leadership team which grew the company’s syndication activity from just over $400 million to nearly $1.4 billion annually. Throughout his career he has been directly involved in closing more than $1 billion of institutional client equity in more than 150 transactions nationally. Prior to CREA, Mr. Boyle held similar roles with nationally recognized financial services companies, including Raymond James, with a focus on multifamily affordable housing equity and debt.

Mr. Boyle earned an MBA from the University of Notre Dame, a Bachelor’s degree in Finance from the University of South Florida, and proudly served in the U.S. Army.

“The opportunity to help build a ground-up LIHTC platform in today’s evolving and challenging economy is compelling, and the Greystone Real Estate Capital team is emerging as an industry-leading effort built on the best talent and resources in the affordable sector. I’m honored to be among them, and look forward to the impact we’ll make together,” said Mr. Boyle.

“We are just so pleased to welcome Mike. His sincerity and values are as important to him as they are to us and why we know working together on the same side after competing for so many years presents a very special opportunity for all of us. Our team’s vision is to establish Greystone Real Estate Capital as the most respected and preferred provider of LIHTC, preservation, and workforce housing equity in the country,” said Ms. Sarah Laubinger, Chief Operating Officer of Greystone Real Estate Capital and to whom Mr. Boyle reports.

Ms. Laubinger added, “Our approach to financing affordable housing will be different than our competitors because our team is built on a set of shared values and prides itself on innovation, offers unmatched, wide-ranging affordable experience, and is supported by Greystone’s philanthropic and innovative culture. Further, with the foundation of Greystone’s leading position in affordable housing for FHA and Agency lending, the sky is the limit for us to channel our collective commitment to integrity, excellence and long-term partnerships while raising the bar and amplifying the positive impact on the communities we finance nationwide.”

 

 

Greystone, a leading national commercial real estate finance company, announced that its Low Income Housing Tax Credit (LIHTC) Syndication Platform has added Sarah Laubinger as Chief Operating Officer and Todd Jones as Chief Investment Officer. Both executives report to Greg Voyentzie, Chief Executive Officer of the LIHTC Syndication Platform known as Greystone Real Estate Capital.

In their roles, Ms. Laubinger and Mr. Jones will focus on growing Greystone Real Estate Capital, which will deploy capital for the preservation and new construction of affordable housing communities across the U.S., and ultimately create jobs, generate tax revenue for municipalities, and positively enhance the lives of families, seniors, minorities, veterans, and those with disabilities who seek affordable housing.

Prior to joining Greystone, Ms. Laubinger spent over 25 years at Boston Financial, an ORIX company, and offers almost three decades of affordable housing production experience to the team, having raised capital from investors, cultivated developer relationships, and structured, underwrote, and closed LIHTC investments. Under Sarah's leadership, Boston Financial's annual LIHTC production market share expanded from under $300 million to over $1.3 billion annually and successfully deployed $200 million in Affordable Housing Preservation Equity (Non-LIHTC). Sarah also led Boston Financial’s Community Development Financial Institution (CDFI) initiative and successfully obtained CDFI designation by the United States Department of the Treasury as the only national, for-profit affordable housing syndicator-affiliate CDFI in the country. Sarah has been both recognized by Affordable Housing Finance as one of America’s top women in affordable housing and honored by Preservation Massachusetts with the Paul & Niki Tsongas Award for her outstanding commitment to the revitalization of safe and affordable housing throughout the Commonwealth.

Mr. Jones joins Greystone with over 19 years of affordable housing experience and a track record of being involved in raising over $11 billion of institutional capital for tax-advantaged investment funds. He most recently served as the Head of Tax Credit Equity Production at Boston Financial, where he was both a member of its Executive Committee and Investment Committee. While there, he was responsible for leading the day-to-day strategic direction of the company’s tax credit syndication business, including national originations, asset selection, pricing, structuring, and marketing of its tax credit equity funds, as well as all investor sales and relations activities of the firm. Prior to joining Boston Financial in 2012, Mr. Jones was Vice President and Manager of Institutional Sales at PNC Financial Services Group where he led the sales and marketing efforts of its national LIHTC investment funds. He is a past board member of the Affordable Housing Tax Credit Coalition (AHTCC) and continues to remain active in advocating on behalf of the tax credit industry and affordable housing.

“I’m thrilled to welcome Sarah and Todd to Greystone, where we will work together again to advance the production of affordable housing nationwide,” said Mr. Voyentzie. “With the support of Greystone’s diverse range of financing platforms, resources, and relationships, I am so optimistic about the impact we can make for both existing clients and new relationships. This is truly the opportunity of a lifetime to build a team and platform within such an entrepreneurial and altruistic organization.”

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